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China - AsiaInfo net profit grows to USD 9.1 mln in Q3.

Telecompaper Africa/Asia

| October 29, 2009 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

Chinese provider of telecommunications software AsiaInfo reported third-quarter revenues of USD 63.5 million, an increase of 41.8 percent from USD 37.5 million in the same period of the last year. The AsiaInfo Technologies business unit, which focuses on telecommunications software and services, contributed 82.7 percent and 84.5 percent to total revenue and net revenue, respectively. Total revenue for the AsiaInfo Technologies business unit increased 44.8 percent year-over-year to USD 52.6 million. The Lenovo-AsiaInfo business unit, which focuses on IT security products and services, contributed 17.3 percent to total revenue and increased …

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